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Hard and Fast


Teamtalk takes 67% stake in Citylink

By Antonios Karantze, in , posted: 27-Nov-2006 05:27

http://www.stuff.co.nz/stuff/dailynews/0,2106,3877313a6405,00.html

Announced on a saturday afternoon, appears to have been missed by most commentators.

Loaded with $10m of new debt.

City went on an acquisition binge some months ago, fire-selling internet connections. seems to have stopped, but i wonder how long they will keep going for.

The cost of providing internet and wan connections keeps going up, but the margins just keep getting slimmer....

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antoniosk's profile

Antonios Karantze
Wellington
New Zealand


I'm a born and bred Wellingtonian, and have chosen IT and Telecommunications as my industry, as a Commercial Manager.

Credits include but are not limited to:
- The O2 Xda smartphone range, and O2's range of 3G Mobile Internet services
- Numerous TelstraClear Mobile and IP voice products

In my journey through the industry I have worked at
- Bellsouth NZ
- Telecom NZ
- ICO Global
- T-Mobile International (formerly One2One Communications)
- O2 Plc
- TelstraClear
- Vodafone NZ

I'm a fan of technology, and what it can do for people and business... and I enjoy bringing new things to market and seeing them grow. Enjoy the blog, take the time to think about what I write - it's not technology heavy, and is my reflection on life and the people around me.